U.S. stocks opened lower despite positive data as weak Amazon earnings and concerns over continued unrest in Ukraine and Gaza weighed on markets.» Read More
Russian Finance Minister Anton Siluanov said on Thursday he was confident a "reasonable solution" would be found for Visa and Mastercard.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
In addition to customer data points, there is an enormous amount of money to be made for businesses catering to the cash-free consumer.
U.S. companies view Russia as a "growth" market, and they do about $40 billion worth of business annually with Russia.
MOSCOW/ LONDON, May 13- Around a dozen chief executives and chairmen of major U.S. and European corporations have withdrawn from an economic conference in Russia as pressure between Moscow and the West grows over the crisis in Ukraine.
MOSCOW/ LONDON, May 13- Around a dozen chief executives and chairmen of major U.S. and European corporations have pulled out of an economic conference in St Petersburg as pressure between Russia and the West grows over the crisis in Ukraine.
NEW YORK, May 7- A lawsuit brought by the U.S. Justice Department and several states against American Express Co over the credit card company's rules imposed on merchants can move forward to trial, a U.S. judge ruled on Wednesday.
WASHINGTON, May 6- The Obama administration is working on new sanctions that would be imposed on Russia if it dramatically ramped up aggression against Ukraine, such as preventing elections from taking place in much of the country or recognizing another separatist referendum, U.S. officials said on Tuesday.
U.S. stocks began little changed on Thursday after jobless claims and consumer spending rose more than expected.
May 1- MasterCard Inc, the world's second-biggest credit and debit card company, said Russian President Vladimir Putin's plan to create a domestic card payment system would create "serious complications" for its operations in the country. MasterCard and larger rival Visa Inc stopped providing services to some Russian banks after U.S.
MasterCard, the world's second-largest credit card company, posted a 14 percent rise in quarterly profit as more customers used cards to shop.
May 1- MasterCard Inc, the world's second-largest debit and credit card company, posted a 14 percent rise in quarterly profit as more people used cards to shop. MasterCard's worldwide purchase volume increased 10 percent on a local currency basis to $759 billion.
April 30- New York state's main banking regulator said on Wednesday it had teamed up with card payment companies Visa Inc and MasterCard Inc to curb illegal payday loans through debit card transactions.
April 28- The following are brief descriptions of the 17 Russian companies against which the United States imposed sanctions on Monday over Russia's role in the Ukraine crisis. *Aquanika- A producer of bottled water and 100 percent subsidiary of Volga Group, which is controlled by Gennady Timchenko, a long-standing ally of Russian President Vladimir Putin.
"Companies with money tied up in Russia would have a tough time getting it back out," says one foreign policy analyst.
*Amazon shares fall after results; Visa, Ford also down. NEW YORK, April 25- U.S. stocks fell on Friday, pulled lower by a selloff in consumer discretionary stocks as bellwether names Amazon.com and Ford Motor fell in the wake of their quarterly earnings.
Stocks fell on Friday as investors watched escalating tension in Ukraine.
*Amazon shares fall after results; Visa, Ford also down. NEW YORK, April 25- U.S. stocks fell on Friday, pulled lower by a decline in consumer discretionary stocks, as bellwether names Amazon.com and Ford Motor fell in the wake of their quarterly earnings. Amazon was the S&P 500' s worst performer, down 9.3 percent, and other high-flying sectors were dropping with it.
Some of Friday's midday movers: Ford, Microsoft, Visa and more
*Microsoft rises as earnings beat expectations. NEW YORK, April 25- U.S. stocks fell on Friday as a number of bellwether names, including Amazon and Ford, fell following their quarterly results, overshadowing positive numbers from Microsoft.